Whale Moves 8,000 ETH into Aave V3, Total Holdings Surpass 21,220 ETH

Whale Adds 8,000 ETH to Aave V3

According to OnchainLens data, on January 21, a whale address starting with 0xC45 withdrew 8,000 ETH (worth around $23.72 million) from Binance and deposited them into Aave V3.

This move marks part of the whale’s broader strategy to accumulate Ethereum-based assets. As DeFi regains attention, injecting funds into liquidity pools may signal confidence in the long-term value of the Ethereum ecosystem.

Total ETH Holdings Exceed 21,220

As of now, the whale’s total ETH holdings across two wallets have reached 21,220 ETH, valued at approximately $62.87 million.

The address has shown active engagement across multiple protocols, suggesting a diversified asset management approach. Analysts often view such large on-chain movements as potential indicators of shifting market trends.